Retail Space in Motor
For Lease
Contact for pricing
2300 S Michigan Ave, Chicago, IL 60616
Dynamic retail space in the heart of Motor Row district.
Space Size2,450 SF
Property Size186,445 SF
Days on Market1553
Property Features for 2300 S Michigan Ave
General Information
Standard status
Active
Size
2,450 SF
Class
C
Total Parking Spaces
4
Property subtype
Office
Lease Type
Net
Building Details
Building Size
186,445 SF
Year Built
2013
Tenancy
Multiple
Spaces For Lease
at 2300 S Michigan Ave Contact us- Size
- 2,450 SF
- Type
- Office
- Lease Type
- Net
- Availability
- Active
Suite Retail
Listing Agency:
Willard Jones Real Estate
(312) 263-8787
Listed By:
Jonathan Zimmerman · License #IL 471009051
Source:
Crexi
Added: May 23, 2022
Changed: Aug 14
Last Checked: Aug 19 at 8:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Willard Jones Real Estate
Investment Insights
Based on property information with market context.
Located at 2300 South Michigan Avenue in Chicago's South Loop, this property offers retail space at the base of a luxury apartment building in the Motor Row district. The available ground-floor units feature high ceilings and a generous window line, providing identity overlooking Michigan Avenue. Ideal uses include coffee shops, food service, or medical offices. Parking options and exterior signage are available. Motor Row, a historical landmark district, is known for its architecture and potential. The area's retail, office, and residential presence is expanding, with planned music and entertainment venues, hotels, restaurants, and bars expected in the future.
Key Highlights
- Prime retail space in the heart of the burgeoning Motor Row district of the South Loop.
- Located at the base of a luxury apartment building.
- High ceilings and a generous window line.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,404
Businesses Nearby
140k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Hotels & Casinos 24%
Shops & Services 16%
McDonald's
Dining
37,263 visits/mo
0.5 miles
Marriott Marquis Chicago
Hotels & Casinos
33,862 visits/mo
0.2 miles
White Castle
Dining
23,545 visits/mo
0.2 miles
Pizanos Pizza
Dining
13,973 visits/mo
0.2 miles
Chase Bank
Shops & Services
11,972 visits/mo
0.3 miles
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size
This space is priced 3% below the average of $25.9 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Dynamic retail space in the heart of Motor Row district.
Where is this retail space located?
The property is located at 2300 S Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime retail space in the heart of the burgeoning Motor Row district of the South Loop.; Located at the base of a luxury apartment building.; High ceilings and a generous window line.
